CBOT wheat futures increased considerably last week

26.10.2016

During October 13-20 CBOT wheat prices increased considerably, gaining 5.14% over the week, reports UkrAgroConsult.

The following factors contributed to CBOT futures strengthening:

- increase in world wheat trade, particularly large tenders held by Saudi Arabia, Algeria and Egypt, as well as persistently high demand from India;

- high US wheat export contracting.

wheat cme

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Grain & Oil" and "Online market review" by UkrAgroConsult.

 

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